Webmd Kkr – CWEB.com
KKR will pay WebMD shares for $66.50 each in cash. The shares were trading at just over $50 when WebMD said it would agree to the offer.
70,000,000 monthly unique users every month and sells for $2.8b
The New York Times writer Virginia Hefferman criticized WebMD, saying “It biases readers toward using unnecessary drugs sold by their pharmaceutical sponsors, specifically, in cases for which the drug has been determined to be unnecessary.”
This could get worse under the control of an investment firm.